It was yet another strong quarter for India Inc as most companies reported better-than-expected numbers for the three months ended December, triggering further upgrades in earnings. Earnings of companies that are part of the Nifty 50 grew by 17% year-on-year (YoY), against expectations of an 11% growth, according to Motilal Oswal Financial Services. However, the … Read more
Mumbai: Shares of TRF, a Tata Group enterprise, surged to their highest level in more than eight years after its plan to amalgamate with promoter Tata Steel was called off earlier this week. The stock, which rose 10% on Friday – the highest tradable limit of the day – to ₹432.50, has jumped close to … Read more
State Bank of India Share Price 675.25 04:03 PM | 07 Feb 2024 25.00(3.85%) Grasim Industries. Share Price 2111.50 04:03 PM | 07 Feb 2024 45.50(2.21%) JSW Steel. Share Price 836.60 04:03 PM | 07 Feb 2024 17.86(2.19%) HDFC Life Insurance Company. Share Price 605.15 04:03 PM | 07 Feb 2024 12.40(2.10%) Axis Bank. Share … Read more
After a decent set of results from IT heavyweights TCS, Infosys and HCL Tech, investors are eagerly awaiting the quarterly numbers from Tech Mahindra, which will report its earnings today. However, the expectations from the company seem to be modest for the third quarter.Tech Mahindra may report sequential decline in overall revenue and constant currency … Read more
Benchmark indices closed marginally higher for a second straight day on Friday amid mixed cues. The 30-share Sensex jumped 178 points to settle at 72,026 and the Nifty climbed 52 points to 21,710. Stocks that were in focus included names like Century Textiles, which rose 0.84%, HAL, which jumped 3.30%, and Tata Steel, whose shares … Read more
Tata Consumer Products became the sixth firm among the listed Tata Group companies to cross the market capitalisation of Rs 1 lakh crore. In Friday’s trade, Tata Consumer stock rose 3.8% to cross this milestone. Apart from Tata Consumer, Tata Consultancy Services (TCS), Titan, Tata Motors, Tata Steel, and Trent have crossed the market cap … Read more
Metal stocks rallied for the fourth consecutive session on Wednesday, which saw the Nifty Metal index hitting a lifetime high. Rollover of positions to the January derivative series and a reversal in the dollar index are aiding the up move in the stocks in the sector. In four sessions, the Nifty Metal index has gained … Read more
